Overview
What is Transmit Receive Labs Inc?
Transmit Receive Labs Inc, simply known as TXRX Labs, is a nonprofit organization situated in Houston, Texas. Their primary objective is to foster education, collaboration, and innovation by offering access to a variety of tools and machines for project prototyping and building. They provide an extensive catalog of over 100 courses in diverse fields such as art, engineering, craft, design, and fabrication, catering to a wide range of interests. In addition to their educational offerings, TXRX Labs is actively engaged with local communities, particularly the Houston Independent School District (HISD), offering on-site workshops for students. They also collaborate with Harris County Juvenile Probation (HCJPD) to provide training for youth on probation, and conduct sessions at the HCJPD Youth Village facility. Moreover, TXRX Labs runs two job training programs: the True Machinist training program, which focuses on traditional machining techniques, and the Modern Manufacturing Program, designed to introduce students to various technology-driven manufacturing modalities. Their mission is to bring creative individuals together, serve as an incubator for innovative solutions, and make complex scientific and technical concepts accessible to everyone through education.
Official website here: www.txrxlabs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Transmit Receive Labs Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization achieved an overall score of 81%, derived entirely from its Accountability & Finance score, showcasing its commitment to transparency and responsible financial management.
The organization exhibits strong governance practices, with a fully independent board and comprehensive policies in place. This includes a conflict of interest policy and a whistleblower policy, both of which contribute to high ethical standards. Additionally, the charity has demonstrated sound financial performance, with a program expense ratio of 81.33%, reflecting a commitment to allocating resources effectively toward its mission.
While the charity's ratings are commendable, potential donors may still want to consider additional qualitative factors, such as the impact of its programs and community engagement. Overall, Transmit Receive Labs Inc appears to maintain a healthy financial structure while adhering to best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Transmit Receive Labs Inc legitimate?
Transmit Receive Labs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transmit Receive Labs Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,210,886
For more financial information, click here
Official website here: www.txrxlabs.org
What is the mission statement of Transmit Receive Labs Inc?
Transmit Receive Labs Inc, as a non-profit organization, aims to foster creativity and collaboration by offering resources for project prototyping and building, along with a variety of educational courses in art, engineering, craft, design, and fabrication. Their mission is threefold: to bring together creative individuals, serve as a breeding ground for innovative solutions to everyday challenges, and make complex scientific and technical concepts accessible through education. Moreover, they strive to contribute to their community by providing essential services, made possible by their members' skills and passion. In addition, Transmit Receive Labs Inc offers workshops and job training programs to local students and juveniles in probation, covering diverse skills such as machining, CAD, 3D printing, and welding.
Official website here: www.txrxlabs.org
Who is the CEO of Transmit Receive Labs Inc?
Roland Von Kurnatowski is the Chairman of Transmit Receive Labs Inc.
Official website here: www.txrxlabs.org
What is the revenue of Transmit Receive Labs Inc?
Transmit Receive Labs Inc's revenue in 2022 was $2,766,842.
Official website here: www.txrxlabs.org
Who are the executives of Transmit Receive Labs Inc and what are their salaries?
The average compensation at Transmit Receive Labs Inc during 2022 was $41,755. There are 29 employees and 19 volunteers at Transmit Receive Labs Inc.
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Official website here: www.txrxlabs.org
Where can I find the form 990 for Transmit Receive Labs Inc?
Transmit Receive Labs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txrxlabs.org
Learn more at the official website: www.txrxlabs.org
Mission Statement of Transmit Receive Labs Inc
Transmit Receive Labs Inc, a nonprofit organization, is committed to fostering a collaborative environment for education and innovation. Their mission is threefold: firstly, to bring together creatively inclined individuals to collaborate on solving everyday problems; secondly, to function as a hub for imaginative solutions by making complex scientific and technical concepts more accessible through education; and thirdly, to serve their community by leveraging the skills and passion of their membership.
Transmit Receive Labs Inc achieves this mission by offering a range of services. They provide access to tools and machinery for project prototyping and building, as well as a catalog of over 100 courses in various fields such as art, engineering, craft, design, and fabrication. These courses cater to diverse areas, including 2D/3D design, fabrication, welding, 3D printing, laser cutting, and arts and crafts like jewelry making and woodworking.
Additionally, Transmit Receive Labs Inc is actively engaged in educational initiatives. They have maintained partnerships with local schools, particularly the Houston Independent School District (HISD), hosting on-site workshops for students and teachers. They also offer training programs for students on probation through Harris County Juvenile Probation (HCJPD), providing them with skills in carpentry, CAD, 3D printing, CNC laser cutting, and electronics.
In terms of job training, Transmit Receive Labs Inc runs the True Machinist training program, which focuses on manual machining as a foundation for modern automation and CNC machining. The program teaches various skills such as quality inspection, Solidworks CAD design, MasterCAM programming, machine and tool set up, and entry-level CNC machine operation. They also run the Modern Manufacturing Program, an entry-level training program that introduces students to various technology-driven manufacturing modalities.
In summary, Transmit Receive Labs Inc is dedicated to creating a space for education, collaboration, and innovation. They achieve this by offering tools, machinery, and courses in diverse fields, engaging with local schools, and providing job training programs to equip the next generation with necessary skills.
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Impact
July, 2024
Transmit Receive Labs Inc's impact is significant in providing a place for education, collaboration, and innovation in Houston, Texas. By offering access to tools and machines for project prototyping and building, as well as a catalog of over 100 courses in diverse areas of technology and art, Transmit Receive Labs Inc (TXRX Labs) serves as an incubator for creative individuals to come together and develop imaginative solutions for everyday problems. Their commitment to making scientific and technical concepts accessible to everyone through education, along with providing much-needed services to the community, demonstrates their dedication to fostering a culture of learning and innovation. The classes offered by TXRX Labs span a wide range of subjects including 2D/3D design, fabrication, welding, 3D printing, laser cutting, arts and crafts, jewelry making, woodworking, and more, catering to a diverse audience of learners. Additionally, their education programs reach out to local students, including those from the Houston Independent School District and Harris County Juvenile Probation, offering on-site workshops and training to enhance skills in carpentry, CAD, 3D printing, CNC laser cutting, electronics, and more. Through their job training programs like the True Machinist training program and Modern Manufacturing Program, TXRX Labs is actively shaping the future workforce by equipping individuals with the skills needed for modern automation and manufacturing. Overall, Transmit Receive Labs Inc is making a tangible impact by nurturing creativity, providing access to resources, and fostering learning opportunities for the community.
This information is meant to be a general summary of Transmit Receive Labs Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,155,657
- Gross Receipts: $2,766,842
Assets and Liabilities:
- Total Assets: $1,021,060
- Total Liabilities: $271,122
- Net Assets: $749,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$2,155,657
Organization Details
Founding Year
2014
Phone
(832) 656-9413Principal Officer
Roland Von Kurnatowski
Main Address
6501 Navigation Blvd Ste A0, Houston, TX, 77011
Website
www.txrxlabs.orgNTEE Category
Code: B60 - Education
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